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tv   Fox News Reporting  FOX News  March 10, 2013 9:00pm-10:00pm PDT

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while union officials debated whether we could videotape. >> you needed something? >> we've read about the beautiful lobby and i'd like to show it to the viewers. it's like they're sucking money from the rest of the country and building palaces for yourselves? >> and i didn't feel that way at you will. have you been to any mall in america in the past 20 years. >> yes. >> isn't it more grand? >> no. >> well, i would have to disagree. >> john: back outside the nea, i was passed from one official to the next. >> and you find out a little more about what's going on. >> okay. >> well, i'm going to have to check. i'll see what i can-- >> he went back inside for a while and finally, the ruling came down. >> no. >> john: okay, thank you. is there a reason? >> we're not opening the building up. >> john: i tried another beautiful building, the headquarters of the afl-cio. >> john: wow. the murals made of marble,
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glass and gold. john stossel with fox news, wanting to take a picture of the beautiful lobby. at least they let me wait inside. i had plenty of time to think about the 12,000 active lobbyists now working in washington. they're smart to be here, since washington controls so much, but this union doesn't want you to see what they've got. >> i've been notified by our legal department that we're not, because of the estate of the mural we're not allowed to do it. >> john: the estate wouldn't allow it. >> thank you. >> john: the bottom line is that washington, once a sleepy part-time home for politicians, now resembles versailles. power brokers work in buildings that look like palaces and afterwards they go home to castles. it overlooks the pond, property on five acres. >> beautiful shower, and his and her water closets. >> john: it helps one understand why people spent millions to win jobs here.
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and-- >> because people come to d.c., they never leave. that's our show, i'm john stossel, thanks for watching. >> this hour. >> right on down through. >> is that what this is going to be a brawl? >> without question. it already is. >> the inside story you haven't heard. >> you see courage out there? >> i would like to see a heck of a lot more. >> they all agree on the problem. >> it will be gone before we do something. >> the nation's debt is out of control. >> economic evolution. >> time is running short. >> they keep saying we need to draw a line in the sand but this blows the line away. >> will they cut it? >> it's sad as chief executive of the land scaring people. >> or will they run? >> leadership is headed over to the white house at the 11th hour it makes them a little bit nervous. are they right to be nervous?
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>> on death row from the nation's capital. >> something just happened in washington something that just about everyone in this city said would never happen even though everybody knew something had to be done. if you have been following the s sequester battle between sound breaks you might have impression it was the latest washington mud pipe another crisis not quite resolved. it is far more than that. for the last 8 weeks fox news reporting went inside the corridors of power. we discovered a struggle that really did have a part. it was a messy process. beneath the mess you will see something that looks like democracy at work and in that you may even find a measure of hope. are you blu we begin at the turn of the year. >> they said they would never agree to raise tax rates on the wealth yis americans. the agreement that is currently being discussed would raise those rates and raise them
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permanently. >> new year's 2013 barack obama check mates congressional republicans in a 13th hour fiscal cliff deal. he makes good on his campaign promise to raise taxes on higher income earners and postpone across the board spending cuts known as the sequester. >> say no. don't participate in this radios this debacle. >> tea party willing to go over the fiscal cliff unless all of the tax cuts were extended permanently was declared the biggest loser. >> i have a message for the tea party members every where. >> it is not good politics. >> congressman ball brown republican said tea party principals are not the vein of the gop there it is only hope. they are standing firm on constitutional principals.
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>> i blame my leadership. >> congressman tom price has been part of the leadership. >> what is your sense with the tea party? >> tea parties are all sorts of wonderful individuals who want to make certain this economy is rolling again. >> they don't want to see you blame again. >> i worries about the debt ceiling which the government will hit in mid february. brown wants to hold the line but he fears they will cave. >> john by another is boehner ia great speaker but he is too nice of a guy. >> is that what this is going to be a bare knuckle brawl? >> no question, it already is. he warns them don't test him on the debt ceiling. >> i am not going to have a
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mt.ly conversation on whether or not we pay our bills. >> behind closed doors a cadre of leaders to spend the $14.4 trillion debt limit. they passed a law that would dock leaders pay. they haven't done that in nearly four years. giving barack obama a blank check is just in vein as far as i am concerned. >> the only people are that are pleased are the ones at the white house. >> this is a welcome of it still becoming law. >> our representatives are playing political paintballir. i think they want to stay in their jobs. >> january 29th broz weoswell, georgia. congressman price has breakfast with skeptical business leaders
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from their district. >> they continue to do the same thing they have been doing. it's not working. it's taking us down the wrong road. >> what are you hearing from your constituents? >> they are scared to death. >> two-days later in a nearby congressional district congressman brown is meeting with constituents, too. >> you actually see anything changing until we have a different government? >> it makes it difficult for capitalist society to get out there. >> i am going to thank you for your service i am a marine. >> he wants to stick to his limited government principal. constituents like that about him but they want to make sure they are not hurt. the cuts are going to effect myself and a few hundred
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thousand and other veterans. >> that means fulfilling the promises that we made to veterans. we are not doing it. >> they give owe bhaum a detroit ceili -- debt ceiling reprieve. >> it is kicking the can down the road. >> i don't know if our leadership has a long-term plan or not. they say drawing a line in the sand but a breeze comes along and blows the line away. >> it can only rangel price who again is part of the gop leadership. >> we have got to come together to have our policies move forward. >> some are saying you and the colleagues in the house are the problem. >> no, absolutely not.
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i am not far right. we have to rebuild the foundations. they have been eroded by both parties. >> you think the civil war was in your party? >> i don't think so. economic freedom, they are -- tactics many of us have different opinions. >> tactics verses principle. take a stand now or live on to fight another day. the tension between these two georgians and strain of republicans they represent is about to spill out of the house as we discover almost by accident. >> this afternoon at 4:00 i am announcing by candidacy to u.s. senate. >> good for you. >> georgia will have an open senate seat in two years. brown thinks he has the sea party advantage. >> it's exciting. >> we have to have more. >> i agree. >> that's one race that could have national implications.
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it will be taken apart by the next show down on the road. >> it is known as sequestration. >> fox news reporting show down on death row returns after the break. progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service.
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>> the constitution considered debate informed by popular sentiment. why then does it seem these days nothing happens in washington until a dire emergency forces a back room deal and a late night vote on a measure nobody has read. >> as good a place to start as any. september 2008. >> history is in the making. >> has to be some kind of in flight. >> bell will ring markets will open and after that it is anybody's guess. >> the collapse of the mortgage market threatened to melt down
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america's entire financial system. treasury secretary henry palsy committed to congress a bold request. give him nearly a trillion dollars. give it to him now. let him spend it on whatever he wants no questions asked. >> we need to act quickly and cleanly. >> if they didn't austin insisted america could be hit by a second great depression. >> to help the american people t is the goal of this plan. >> with the stock market tanking he got his so-called tarp money. tarp was used in all sorts of ways few had envisioned including to bail out the auto company. barack obama defeated mccain in the race to succeed george w. bush. obama's incoming chief of staff rahm emanuel mapped out his governing stat story. -- strategy. >> an opportunity to do things that you think you could knotted
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do before. >> do you remember when rahm emanuel said never let a crisis get away. what did you think when you heard that? >> unbelievably cynical. >> he ran plastics company in wisconsin. >> that is exactly what it is. they didn't let a crisis go to waste. >> when a town is burning you don't check party labels. everybody needs to take hold. >> president obama invoked the economic crisis to ram through an $800 stimulus bill. there was a growing fear among some voters that america couldn't afford this trillion here a trillion there attitude in washington. house republicans heard them. not a single one voted for the bill. it was a lesson for the gop in the era of obama says georgia congressman. >> it was a non stimulus bill.
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it was the same kind of unity that must be corralled and embraced because we remain the main anotherity party. you couldn't stop with this. >> made a statement and nothing happened. >> it wasn't that nothing happened. i would suggest that it so insulted the 2010 election. >> why did we gain the control of the house in 2010. that was the enthusiasm of the base of the people that support the tea party. >> it was just as a part as president obama's stimulus. >> i am a lobbyist with a bunch of money to dump in your pocket. >> what turned it into a massive force was the bush act. >> the cost of our healthcare is a threat for our economy. >> the economic crisis supplied some of the urgency for this, too. >> ticking time bomb for the federal budget. >> the tea party couldn't de rail the massive healthcare
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legislation few had even read. >> what good is reading the bill if it's 1,000 pages and you don't have two-days and two lawyers to find out what it mean the after you read the bill? >> democrats passed the bill though it took a rare last minute parliamentary tactic to do it. >> to the new speaker. >> with the help of the tea party republicans took back the house in 2010. >> he had enormous leverage before spending cuts if they were willing to go to the preseshi verbial map. the debt sealing raised by august of 2011 or the government would change to cover the spending. >> that was the next sis for getting spending reductions.
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that was the genesis of the sequester. >> they don't know if it would happen few would be a drastic step that would quickly leave the u.s. unable to fund perhaps even default on the debt. >> i cannot belief congress would end up being that irresponsible. >> when everybody got together to construct the machine designed to kick the problem down the road. see if you can follow this. first they raised the debt ceiling to cover pabtd of the costs congress would cut over 900 billion in spending spread out over a decade of course. to propose at least 1.2 trillion in deficit reduction. that proposal could not be debated or amended. it got one vote yes or no.
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if this plan fails sequestration. a name for the threat of a hacksaw approach for the thet of reduction was supposed to hit both sides equally. democrats would hate the nondefense program. the republicans wouldn't stand cuts to the military. the theory was these cuts would be so bad there was no way congress would ever allow them to happen. after months of deliberate brakes they couldn't come to any agreement and simply gave up. so much for theory. sequestration was to go into effect on january 1st, 2013. as it happens that was the same time so-called bush tax cuts were set to expire. it was in super crisis. fed chairman ben bernanke gave it a name. >> it would be a massive fiscal cliff of large spending cuts and tax increases. >> the fiscal cliff was a
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classic example. what happened? >> you keep putting these things off and another election came up. >> the 2012 election settled nothing. they re-elected president obama but let republicans keep control of the house. like it or not a divided nation left government by crisis a second term. >> with one crisis averted and another on the way the president another on the way the president michael, tell us why you used to book this fabulous hotel? well you can see if the hotel is pet friendly before you book it, and i got a great deal without bidding. and where's your furry friend? oh, i don't have a cat. now you can save up to 50% during priceline's spring hotel sale use promo code spring for additional savings on all express deals, including pet friendly hotels. express deals. priceline savings without the bidding.
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[ whip cracks ] ♪ roundup extended control [ male announcer ] roundup extended control ♪ yeha with the new one-touch wand. [ whip cracks ] [ male announcer ] roundup extended control ♪ yeha thyou eat less...ing weiyou lose weight.et. it's a great plan... until you get hungry. that's the time to take slimful. one tasty 90-calorie slimful and a glass of water satisfies hunger for hours making it easier to eat smaller meals, and resist snacking. your friends might think you found the secret to losing weight. but it's no secret... it's slimful. eating less is a beautiful thing. >> welcome back. you have seen how president obama used fiscal crisis to maneuver republicans. taxes went up. the sequester the long threatened budget act was postponed. the fractured gop failed to have
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a winning message or strategy. we resume ors on february 12th. lawmakers are taking a chance to make their own point ahead of the president's big speech. >> we have to get spending under control. ron johnson of wisconsin questions budget director officer. don't tax increases harm the economic growth? >> depends what circumstances are. >> if the alternative is to run large deficits definitely. >> successful businessman with no prior political experience was swept into office by the tea party wave of 2010. he said he came here to solve a problem. found the experience frustrated. >> increasing taxes on the rich is a tenth as effective.
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we return our economy to a federal economy. >> it is another hearing with so many questions and too little time. >> a century ago wisconsin was the birth place a vanguard of waiting in government. what are your constituents telling us and why. >> it is common sense people to have a belief that government ought to live within its means. when you look at sequestration this is slowing the growth of the budget. do people at home understand that? >> in on a macro sense they are working republicans. >> another district represented
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by another first term lawmaker with another story all together. >> they are all upset because they may get furloughs. >> nervous a little bit. >> a lot of my district are types of government citizens who work for the government directly or work to an enterprise that came to work to the government that's a large percentage. >> maryland congressman john delaney is also a successful businessman serving his first political coast. he helped for nearly two decades. he represented the swath of bedroom communities north of washington, d.c. >> we are the third dependent state woenl rank 30th or 35th. >> when you talk to constituents what are you hearing from them? >> what i am hearing from them
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is they are concerned about the sequester. >> i would like to hear the president say talk about sequestration about how it is not a good idea work on a long-term balance proposal. ♪>> february 12th congressman david schweiker celebrated with his staff between thai food dinner and cake dessert they are e-mailed a preview of the president's speech. we are working our way over to the house. >> my guess is they sit pretty o senator johnson heads to the capital, too. >> democrats will stand up and cheer every time he asks for
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making the rich pay the fair share and a balanced approach. r share and a balanced priech. >> the president of the united states. >> he has a crisis coming up. his position is i represent the people they represent ideology. i represent the folks they represent the rich. he won the election on that part of argument. if he cannot win the next round i think he will have weakened and the republican house in which he is the dominant act in washington for the next two terms. >> business leaders and economists have already said these cuts known as the sequester are a really bad idea. >> though the president says he is willing to cut spending. he spends much of his one hour speech proposing new programs.
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a oo i >> i am announcing using oil revenues to fund security. make high quality preschool available to every single child in america. redesign america's high school so they better equipped graduates training and equipment have to have sources. we invest capabilities even as we reduce race and time spending. invest in care including healthcare for our wounded warriors. >> statement after statement through the speech he throws out wonderful platitudes. the economics behind it are delusional. >> a lot of politics make sure we are not funding things that are obsolete. there is a whole variety of things to make it more efficient. if we don't deal with this we cannot invest in things that are
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important. these problems are solveable. >> do you see courage out there? >> i see some courage. i would like to see more people coming to the table and saying whether i get elected or not is irrelevant. what is irrelevant is how i deal with the trust i have been given. if people don't tell the american people the truth they are compromising that trust. >> that trust is about to be put to the test. as congress adjourns the american people begin to hear stories of the sequester cuts meant to fright ten them. >> every american fights for business or vacation will be impacted. >> it will get bert. >> federal prosecutors will ohae to close cases and let kracrimis go. are those stories true. when we come back the sequester when we come back the sequester as so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident,
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joining that chorus, president obama after a brief break from the crisis. >> february 16. with automatic spending cuts he called sudden and harsh just two weeks away, the president h heads to florida for a boys weekend of golf. >> the president in the middle of this crisis took a weekend to go to florida to play golf with tiger woods. smart move? >> i can't comment on the president's schedule. i learned a long time ago not to worry about the things i can't control. the one thing i can't control is the presidents it schedule. >> democratic freshman congressman and finance millionaire john delaney. >> if you were facing a crisis in your business would you have
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taken time to go to the golf course? >> i always had an expression in the private sector which is you can't yell charge from your second home. >> congressional democrats and administration officials fanning out across the country. they are not exactly saying the sky is will fall if the sequester goes through but close. among the things they say could happen, children exposed to lead paint. mentally ill patients untreated. uninspected meat. more wildfires. cuts to early education. nutrition for seniors. community health is centers. small business loan guarantees. job training and aid to indian resources expectations and hurricane sandia victims. furloughs or layoffs for prison and embassy guards, contraction workers. allonge wait for gun background checks. disability payments. passports. visas. epa in specials. homelessness. hospital workers.
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cyber security nuke mints and terrorist surveillance down. >> emergency responders like the ones here today. their ability to help communitiesnd respond and recover from disasters will be degrade. >> february 19. president obama back home from the gulf trip adds to the litany. >> it will jeopardize our military readiness. it will eviserate job creating investment and education and mckinley military research. >> border agents will see their hours reduced. fbi agents furloughed. federal prosecutors will have to close cases and let criminals go. >> he went on for more than 12 minutes. >> air traffic controllers and airport security will see cutbacks which means more delays across the country. thousands of educators and teachers laid off. tens of thousands of parents will have to scramble to find child care for kids. hundreds of thousands of americans will lose akron it is sessions to primary care and preventive care. and already the threat much
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these cuts forced the navy to delay an aircraft carrier that was supposed to deploy to the the field goal. persian gulf. >> really sad that the chief executive of this land scaring people. when in fact if any of those things happen it will be because the president wants them to happen. >> these cuts are not smart. they are not fair. they will hurt our economy. >> is this all a little over the top? >> i don't think -- these are the facts. what people who report on the facts how you they decide to describe them, yo you know, is their decision. the facts are the facts. certain cuts will be made. certain programs will be affect. >> is it over is the top to say that all of these horrible things will happen? >> well, it depends. there are clearly negative outcomes associated with the sequester. clearly negative outcomes about not dealing with the fiscal situation in the long-term including threatening this
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whole republic by the way. i could describe the sequester as if i needed to, as horrific. >> i'm ticked off. >> and why? >> for lots of reasons. >> back home in georgia, republican congressman paul brown holds a town hall meeting. >> is there enough stomach on the republican side to let that go through if we can't get spending cuts? >> if we don't stop this irresponsible spending that both parties have been doing we are going have a total financial meltdown. we are going to be just like greece. >> you are hearing from a lot of constituents who say congressman brown hold the course. don't backslide on this despite all of the dire warnings that are coming from the white house and coming from democrats in congress? >> that's correct. >> so what do they think of what the president is saying? >> i think that they have seen that the president has put out a whole lot of false
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information. >> they think the president is crying wolf here? >> a lot of people that contact me think he is crying wolf, yes. >> february 20. house speaker john boehner pens an op ed in the "wall street journal" in which he echos the president's line that the sequester will be ugly and dangerous and will cost thousands of jobs. >> were you concerned that the speaker was to some degree helping the president by saying that the sequestration would be "ugly and dangerous"? >> i think that he was helping the president's, the message that the president is trying to give to the american people. >> so you think in some ways speaker are boehner helped the president with that editorial. >> i do, yeah. >> do you you think, senator, that speaker boehner is laying the groundwork here, setting the table if you will for a president?e deal with the >> he might be but i don't think he would have the is you port of his conference. >> february 23. the president's weekly radio address. >> these cuts don't have to happen. congress can turn them off any time with just a little
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compromise. >> while he keeps the pressure on, some republicans talk of another 11th hour deal. >> i want to get my republican colleagues to come up with a plan instead of, you know, firing the soldiers. we ought to fire the politicians. >> to some people the wedge is more important than the policy. >> republican congressman back in arizona telling his constituents he will hold firm. >> you are going back to d.c. on monday and from there five days to solve this or go over whatever fiscal cliff will happen when the sequestration kicks in. how do you see this unfolding in the next few days? >> the first mess take in the question he is saying solving. if we don't do this tiny marginal reduction in spending which ultimately by the end of the decade isn't a reduction in spending, just a reduction in the growth of spending. god forbid what our future is if we want do this. >> could america's future come done to another last minute
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so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the rd like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. >> a week since the sequestration. he gave a hublg amount of capital to get republicans to cave on the spending cuts. if he wins he will weaken and fracture his opposition. it may even be lights out for the tea party. the president keeps pushing and pushing. history suggests that there is plenty of time.
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>> february 25th, congress is returning to the capital at the white house vice president joe biden delivers remarks about the economy. he says americans are pleased. >> very little doubt in any circles out there about america's ability to be in a position to lead the world in the 21st century. >> he needs to get out of his bubble needs to get out across the land and talk to real people who continue to hurt because of our economy. >> those real people congressman price says gets it. >> they need to understand spend something out of control. because of that spending it is harming their ability to get the job they want create the kind of jobs? their large business or small business. march 1st is looming they have days left to come up with a plan
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to avoid the sequester. are there plans to avoid the seequeste sequester? >> there are people giving it a lot of lip service. >> i hope they will speak with the delegation and remind them what is at steak. he steps away from the apocalyptic scenario.>> these impacts will not be felt on day one but the uncertainty is already having an effect. companies are preparing layoff notices. families preparing a setback. the longer they are in place the bigger the i am fact will be in pla -- impact will be. >> could it be he could lose the sequester show down? >> how high up in the pucker factor are they right now?
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>> again the spending reduction level has to occur. >> february 26th new port news, virginia president obama speaks to ship yard workers. >> what a sequester does it uses a meat cleaver approach to gut things like education and national security. >> but he again resists talk of an immediate catastrophe. >> the impact of the policy won't be felt overnight but it will be real. >> it is tuesday congressman there are a few days left to avoid the sequester. do you see anything coming down the pike in the next few days that will avoid the sequester being triggered? >> i think the sequester will be triggered yes indeed. >> congressman paul brown. >> there are a lot of republicans who say this will be bad for the u.s. military. for that reason they were opposed to the sequestration.
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the party of ronald reagan would never let this happen. john mccain says these cuts are unconscionable. >> we have to cut spending. whatever it takes to stop that process then we can come back and fix it. >> you want to fix it going out but are you comfortable this week knowing that that sequestration will occur? >> we have to let it occur, yes. i am comfortable with that. >> that day with the sequester still two-days away, homeland security officials announce they have released illegal immigrants from arizona detention facilities. >> are they releasing illegal aliens now? >> dhs didn't know about it white house didn't know about it. >> wednesday the president invites congressional leaders to a last minute meeting on friday the day after the sequester hits. >> they hope they will have discussion about doing something to prevent sequestration. >> some republicans are suspicious. >> 11th hour once again the last
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minute the president sweeps in. >> could a deal be in the works that would neutralize the spending cuts? perhaps by adding the higher tax news the president wants. >> i don't think so. >> senator jon son -- ron johnsf wisconsin. >> what do they say to you if you don't hold the law on the sequestration and there's another 11th hour deal that is brought to the floor supporting the majority of republicans in congress. >> i don't believe that speaker boehner would be speaker if that happens. he would lose his speaker ship. >> thursday morning february 28th the sequestration will trigger at midnight. hours later senate minority leader mitch mcconnell will meet with the president. >> we have talked to a lot of republican voters out there in the congressional district. we have heard from them any time the leadership is headed over to the white house at the 11th hour it makes them a little bit nervous. are they right to be nervous? >> no, they are not right to be nervous in this instance. there's nothing really frankly to discuss. we made the commitment to reduce
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spending this amount of money this year. we would be happy to talk to them about reconfiguring the way the spending reduction is achieved but we are not going to cut a penny less than we said we would. >> are you expecting he will propose some more revenue razors? >> that's what he has been a advocating on the campaign trail. >> your response will be with all due respect no. >> the answer is no. he will not get all of the taxes he wants. this big bloated federal government will spend 3.6 trillion this year to reduce its spending 2.4 percent over the next six months people hai have discussed that with think it's laughable the federal government could not reduce it's spending by that amount of money. >> it does seem like a drop in the bucket. why does it seem when the budget control act in 2011 that cutting that much would be horrible. >> my members didn't think it was it would create a calamity.
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he is the one characterizing this as some kind of armageddon experience. i don't think it's going to produce armageddon at all. >> it is becoming clear after all of the talk of crisis apocalypse isn't nod. only 44 billion will be cut this year. only half will be fro domestic programs 22 billion out of p.8 trilli p.8 trilli p.8 trillion in tote bsh bsh 3.8 trillion. >> what will be cut? >> jay carney can't really say. >> i don't have any more for you on it. >> at 2:07 p.m. congress adjourned representative david schweiker of arizona one of the tea party conservatives who held the line on the sequester from day one leighs town. >> we are beyond the 12th hour now. >> so you are heading back to the district what are you thinking about all of this? >> congressman paul brown of georgia is also coming home. >> the world will not come to an
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>> if there is any place that will bear the grunt of the sequester is washington, d.c. despite the downturn thanks to government spending. i went to done one of those towns as doomsday dawned. march 1st gaithers burg, maryland. in congressman john delaney's district a town of 60,000 is just north of washington, d.c. >> here we are friday morning. as far as i know the sky didn't fall. are you kind of surprised?
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>> what are you thinking about what will happen today? >> i think we will feel the effects of it. i think there was a much better way to do this. >> last time we talked i asked if the president was some what over the top. sinced that you were a little bit uncomfortable with the tone of the rhetoric at that point? >> i don't agree with ranting and raving it's not based on the facts. both parties believe that. >> was the president guilty? >> so far he wasn't guilty of that. >> at the moment at the white house president obama is meeting with congressional leaders. there is no last minute deal. >> protect special doctors f special interests and they think that's more important than protecting our military for middle class families for these cuts rment it will mean less growth. it will mean hundreds of thousands of jobs lost. that is real. that's not a scare tactic. that's a fact. >> signs of budding bipartisanship the president
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suffered with a group of republican senators including ron johnson and picks up the check. meanwhile wall street auz setting new records and after all of the talk of catastrophe the cut hitting the bigs deadline is the white house cancelling public tours. it was a show down because the stakes were so high but between competing visions how to guide america out of the fiscal mess. that is fight will go on. >> things like the sequester, operation of the government raising of the debt ceiling all are opportunities try to receive the kind of adult american people need.
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>> do you see that as a healthy discourse? >> i think bringing people people trying to find a common ground that serves the people is really what we should be doing as elected officials. >> the krl question is how will they play in the long run economically and politically. >> if the sequester is a tea party victory it is also the first true test of the tea party's philosophy of smaller government. supporters will push for more spending cuts to curb the debt. if it fails the opponents will say they were right all along and their call for higher taxes. so it turns out the sequester created in a moment of desperation may actually be a turning point. perhaps it will even be the first step in a path away from
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these show downs on death row. that's our program. thanks for watching. [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ]

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